Convert Saudi Riyal to Bhutanese Ngultrum
Please provide values below to convert Saudi Riyal [SAR] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Saudi Riyal.
How to Convert Saudi Riyal to Bhutanese Ngultrum
1 SAR = 0.0434110680859192 BTN
Example: convert 15 SAR to BTN:
15 SAR = 15 × 0.0434110680859192 BTN = 0.651166021288788 BTN
Saudi Riyal to Bhutanese Ngultrum Conversion Table
| Saudi Riyal | Bhutanese Ngultrum |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.